- The Aster price surged past $1 on November 5, 2025, defying the broader crypto market trend.
- Bulls could target $2 if the price holds above the psychological $1 level.
- The macro environment could play a key role in Aster’s continued rise or a potential drop.
ASTER, the native token of the decentralized perpetual and spot exchange Aster, climbed into double digits and is currently trading above $1.
This price strength comes despite the wider crypto market facing heavy selling pressure, which has pushed the global cryptocurrency market capitalization down about 3%.
Specifically, ASTER jumped more than 15% to intraday highs of $1.06 as bulls reclaimed the important $1 mark amid a 17% increase in daily volume.
Bulls take control as Aster reclaims the $1 level
These gains allow the DEX platform’s native token to buck the weaker trend across the broader market.
A volatile crypto session over the past 48 hours sent Bitcoin below $100K and triggered over $1.7 billion in liquidations in 24 hours, intensifying market-wide selling pressure.
Despite that turmoil, Aster’s market capitalization rose about 15% to over $2.07 billion at the time of writing.
Aster’s rally, amid broader weakness, followed a rapid swing that drove the token from lows near $0.91 to above $1.24 on November 2.
While bears briefly regained control, that spike was fueled in part by positive sentiment after Binance founder Changpeng Zhao disclosed a personal purchase of 2.09 million ASTER tokens.
Full disclosure. I just bought some Aster today, using my own money, on @Binance.
I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD
— CZ 🔶 BNB (@cz_binance) November 2, 2025
Zhao’s post sparked a bullish rotation that sent Aster’s price higher, and daily trading volume increased tenfold as buying pressure intensified.
However, the upside momentum faded as cryptocurrencies plunged alongside equities amid macroeconomic headwinds.
Deleveraging across decentralized finance exacerbated the sell-off, pushing ASTER to a low of $0.83 on November 4.
Is ASTER gearing up for a retest of $2?
As noted, the altcoin dropped to $0.83 earlier this week—an important support zone that was tested during the late-October market rout.
Worsening sentiment, driven by losses in Bitcoin and Ethereum during the crypto market slump, led some traders to fear a further slide toward $0.75.
Still, buyers recovered those losses and pushed ASTER back above $1, a key level that has been revisited over the past 24 hours.
The gains have come alongside a 12% increase in daily volume, with roughly $1.56 billion traded in the last 24 hours as rising demand helps ASTER stay above the psychological threshold.
On the charts, the price remains within a broader downtrend. See the chart below.
However, a breakout from a falling wedge pattern and strength during a retest suggest bulls might have a short-term opportunity to aim for $1.55.
That zone marked a local top in mid-October, and a move above it would put the $2 level back into focus.
Technically, the relative strength index is slightly sloping upward near 52, remaining above the neutral midpoint.
Likewise, the 4-hour MACD indicator is showing a bullish crossover, supporting the short-term bullish case if buying pressure continues.